Homework Answers
Solution a:
Difference in Absorption costing income between two production Plans = Fixed Costs charged when 10000 units produced - Fixed costs charged when 15000 units
= ($157500/10000*10000) - ($157500/15000*10000)
= $157500 - $105000
= $52,500
Solution b:
Difference in Variable costing income between two production Plans = $0
Because Fixed costs are charged fully irrespective of Production units.
Add Answer to:
OBJ. 2 EE 5.4.191 Analyzing income under absorption and variable costing PE 5-4B Analyzing income under...
OBJ. 2 anable manufacturing costs are $126 per unit, and fixed manufacturing costs are Sales are...
OBJ. 2 anable manufacturing costs are $126 per unit, and fixed manufacturing costs are Sales are estimated to be 10,000 units. $157,500. EE 5-4o 19! PE 5-4B Analyzing income under absorption and variable costing ". How much would absorption costing income from operations differ between a plat to produce 10,000 units and a plan to produce 15,000 units? ". How much would variable costing income from operations differ between the b ow production plans? OBL4
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $74 per unit, and fixed...
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $74 per unit, and fixed manufacturing costs are $58,500. Sales are estimated to be 4,300 units. f an amount is zero, enter "O". Do not round interim calculations. Round final answer to nearest whole dollar. a. How much would absorption costing income from operations differ between a plan to produce 4,300 units and a plan to produce 6,500 units? b. How much would variable costing income from operations differ...
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $104 per unit, and fixed...
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $104 per unit, and fixed manufacturing costs are $54,400. Sales are estimated to be 5,700 units. If an amount is zero, enter "0". Do not round interim calculations. Round final answer to nearest whole dollar. a. How much would absorption costing income from operations differ between a plan to produce 5,700 units and a plan to produce 6,800 units? $ b. How much would variable costing income from operations...
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $123 per unit, and fixed...
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $123 per unit, and fixed manufacturing costs are $110,500. Sales are estimated to be 5,200 units. If an amount is zero, enter "0". Round Intermediate calculations to the nearest cent and your final answers to the nearest dollar. a. How much would absorption costing operating income differ between a plan to produce 5,200 units and a plan to produce 6,500 units? b. How much would variable costing operating income...
PE 5-2A OBJ. 1 EE 5-2 p. 186 Variable costing-production exceeds sales Fixed manufacturing costs are...
PE 5-2A OBJ. 1 EE 5-2 p. 186 Variable costing-production exceeds sales Fixed manufacturing costs are $60 per unit, and variable manufacturing costs are $150 per unit. Production was 453,000 units, while sales were 426,000 units. Determine (a) whether variable costing income from operations is less than or greater than absorption costing income from operations, and (b) the difference in variable costing and absorption costing income from operations. ow t inc. fer C.M-150
Ex 21-2 EX 21-2 Income statements income statements under absorption costing and variable costing Obj. 1...
Ex 21-2
EX 21-2 Income statements income statements under absorption costing and variable costing Obj. 1 Gallatin County Motors Inc. assembles and sells snowmobile engines. The company began operations on July 1 and operated at 100% of capacity during the first month. The following data summarize the results for July: $2,600,000 Sales (4,000 units) ... Production costs (4,350 units): Direct materials Direct labor... Variable factory overhead ..................... Fixed factory overhead................... Selling and administrative expenses: Variable selling and administrative expenses..... Fixed...
Obj. 1,2 PR 20-3A Absorption and variable costing income statements for two months and analysis 1....
Obj. 1,2 PR 20-3A Absorption and variable costing income statements for two months and analysis 1. Income from During the first month of operations ended July 31, Western Creations Company produced operations. 5847.000 80.000 designer cowboy hats, of which 72,000 were sold. Operating data for the month are summarized as follows: $4,320,000 SHOW VI Sales Manufacturing costs: Direct materials ..... Direct labor Variable manufacturing cost ..... Fixed manufacturing cost .......... Selling and administrative expenses: Variable ...... Fixed $1,600,000 1,440,000 240,000...
EE 5-1 RTE PE 5-1B Variable costing OBJ. 1 Marley Company has the following information for...
EE 5-1 RTE PE 5-1B Variable costing OBJ. 1 Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine (a) the manufacturing margin, (b) the contribution margin, and (c) income from operations for Marley Company for the month of March.
EE 5-1 RTE PE 5-1B Variable costing OBJ. 1 Marley Company has the following information for...
EE 5-1 RTE PE 5-1B Variable costing OBJ. 1 Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine (a) the manufacturing margin, (b) the contribution margin, and (c) income from operations for Marley Company for the month of March.
EE 5-1 RTE PE 5-1B Variable costing OBJ. 1 Marley Company has the following information for...
EE 5-1 RTE PE 5-1B Variable costing OBJ. 1 Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine (a) the manufacturing margin, (b) the contribution margin, and (c) income from operations for Marley Company for the month of March.
OBJ. 2 anable manufacturing costs are $126 per unit, and fixed manufacturing costs are Sales are estimated to be 10,000 units. $157,500. EE 5-4o 19! PE 5-4B Analyzing income under absorption and variable costing ". How much would absorption costing income from operations differ between a plat to produce 10,000 units and a plan to produce 15,000 units? ". How much would variable costing income from operations differ between the b ow production plans? OBL4
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $74 per unit, and fixed manufacturing costs are $58,500. Sales are estimated to be 4,300 units. f an amount is zero, enter "O". Do not round interim calculations. Round final answer to nearest whole dollar. a. How much would absorption costing income from operations differ between a plan to produce 4,300 units and a plan to produce 6,500 units? b. How much would variable costing income from operations differ...
Analyzing Income under Absorption and Variable Costing Variable manufacturing costs are $123 per unit, and fixed manufacturing costs are $110,500. Sales are estimated to be 5,200 units. If an amount is zero, enter "0". Round Intermediate calculations to the nearest cent and your final answers to the nearest dollar. a. How much would absorption costing operating income differ between a plan to produce 5,200 units and a plan to produce 6,500 units? b. How much would variable costing operating income...
PE 5-2A OBJ. 1 EE 5-2 p. 186 Variable costing-production exceeds sales Fixed manufacturing costs are $60 per unit, and variable manufacturing costs are $150 per unit. Production was 453,000 units, while sales were 426,000 units. Determine (a) whether variable costing income from operations is less than or greater than absorption costing income from operations, and (b) the difference in variable costing and absorption costing income from operations. ow t inc. fer C.M-150
Ex 21-2
EX 21-2 Income statements income statements under absorption costing and variable costing Obj. 1 Gallatin County Motors Inc. assembles and sells snowmobile engines. The company began operations on July 1 and operated at 100% of capacity during the first month. The following data summarize the results for July: $2,600,000 Sales (4,000 units) ... Production costs (4,350 units): Direct materials Direct labor... Variable factory overhead ..................... Fixed factory overhead................... Selling and administrative expenses: Variable selling and administrative expenses..... Fixed...
Obj. 1,2 PR 20-3A Absorption and variable costing income statements for two months and analysis 1. Income from During the first month of operations ended July 31, Western Creations Company produced operations. 5847.000 80.000 designer cowboy hats, of which 72,000 were sold. Operating data for the month are summarized as follows: $4,320,000 SHOW VI Sales Manufacturing costs: Direct materials ..... Direct labor Variable manufacturing cost ..... Fixed manufacturing cost .......... Selling and administrative expenses: Variable ...... Fixed $1,600,000 1,440,000 240,000...
EE 5-1 RTE PE 5-1B Variable costing OBJ. 1 Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine (a) the manufacturing margin, (b) the contribution margin, and (c) income from operations for Marley Company for the month of March.
EE 5-1 RTE PE 5-1B Variable costing OBJ. 1 Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine (a) the manufacturing margin, (b) the contribution margin, and (c) income from operations for Marley Company for the month of March.
EE 5-1 RTE PE 5-1B Variable costing OBJ. 1 Marley Company has the following information for March: Sales $912,000 Variable cost of goods sold 474,000 Fixed manufacturing costs 82,000 Variable selling and administrative expenses 238,100 Fixed selling and administrative expenses 54,700 Determine (a) the manufacturing margin, (b) the contribution margin, and (c) income from operations for Marley Company for the month of March.
Most questions answered within 3 hours.
-
Mr. and Mrs. Brown report taxable income of $130,000 in 2018. In
addition, they report the...
asked 44 minutes ago -
You capture data by having 8 people fill in 30 small dots on a
piece of...
asked 4 hours ago -
What are the z-values such that 70% of the area lies in the
middle of the...
asked 6 hours ago -
You borrow $29,500 to purchase a brand new car. The interest
rate is 6%, and the...
asked 6 hours ago -
The amount of time it takes an asteroid, whose average distance
from the Sun is 4.70...
asked 6 hours ago -
A 0.289 kg mass slides on a frictionless floor with a speed of
1.34 m/s. The...
asked 6 hours ago -
15.A box contains five red balls, three green balls, and two
yellow balls. Suppose you select...
asked 9 hours ago -
Assume you are given the following for Stackelberg industries:
Return on Assets (ROA) = 8%
Debt...
asked 7 hours ago -
an engineer proposes to use mmWave in 5G network to
increase data rate.
What are the...
asked 7 hours ago -
Explain the idea behind using SEMIJOIN in distributed
query processing.
asked 7 hours ago -
why
is context important in selecting and applying guidelines and
principles for interface design?
illustrate your...
asked 7 hours ago -
In a certain board game, a player rolls two fair six-sided dice
until the player rolls...
asked 8 hours ago